Palace Conversion to 47-room Hyatt Unbound Luxury Collection, Boutique Five-Star Hotel
The Palacio de Olabarri, a 19th-century architectural treasure by Julián de Zubizarreta, is being reimagined as a 5-star boutique hotel under the Hyatt Unbound Collection. Combining French and English architectural styles, this transformation will preserve the palace’s historic grandeur while introducing luxury hospitality to the city.
47 luxurious rooms and suites.
Two world-class restaurants, a café, and a bar.
State-of-the-art spa and tailored 5-star hospitality under the Hyatt Unbound Collection
Michelin Star Restaurant
Nestled in the heart of Tuscany near Cortona, this resort blends Tuscan charm with modern luxury. Surrounded by iconic rolling hills, it’s a gateway to explore Tuscany’s rich heritage and breathtaking landscapes
The resort features a Gary Player Signature 18-hole golf course, opulent accommodations—including a 47-room main hotel, a private five-bedroom villa, and 23 luxury golf villas—and a full-service spa. Dining options include a fine-dining restaurant and a rooftop lounge with breathtaking views, while conference facilities and an outdoor pool cater to diverse guest needs.
47 guest rooms and suites.
A private five-bedroom villa.
23 private two — and three-bedroom golf villas.
Gary Player Signature 18-hole golf course.
Full-service spa and wellness center.
Fine dining and rooftop lounge.
Outdoor pool and conference facilities.
Anthony Bourdain once said there’s “no better place to eat in Europe” than San Sebastián. With the second most Michelin stars per capita in the world.
Scheduled to open in April 2025 after a complete renovation and conversion to Hyatt standards, this 47-room boutique hotel will join the PARQ Street collection of Hyatt hotels. Nestled on the hillside with sweeping sea views and in the unofficial food capital of the world, San Sebastian, Spain, which boasts over 15 Michelin-starred restaurants, the hotel restaurant will be a culinary experience for hotel guests and PARQNFT owners. World-renowned chef Ignacio Labato will helm its signature restaurant. This project exemplifies Parq Street Development Group’s commitment to crafting exceptional destinations that combine rich local culture and a unforgettable travel experience.
47 guest rooms and suites.
Two world-class restaurants
Casual café
Elegant bar
24-hour room service
State of the art Spa
Gym
Killer WIFI
Concierge
Laundry Services
Exclusive PARQ experiences
PARQ is more than just an NFT — it’s a community of investors, travelers, dreamers, and Web3 pioneers. We believe in a future where hospitality isn’t controlled by traditional financial institutions but owned by the people who love it and use it the most. By bringing hotel ownership on-chain, we are building a global network where members don’t just stay at hotels—they own them. The early adopters of PARQ will shape the next generation of hospitality and reap the rewards together as we create a new way to experience, invest, and build wealth in the real world.
The PARQ NFT is a digital membership pass that grants VIP perks at PARQ hotels and, when regulations allow, can be converted into a security token (1:1) for direct hotel ownership.
This is where things get exciting. Shortly after the NFT launch, after the legal framework is in place, you will keep your NFT and receive a security token, turning your membership into a member/ownership stake in a PARQ Hyatt hotel.
No, it’s a digital membership. Only when converted, does it become a security token under compliance rules.
NFT holders don’t own equity today, but they gain early access to security tokens that represent real hotel ownership.
Security token holders receive profit-sharing & governance rights from PARQ properties. We always seek opportunities with IRR north of 22%.
Yes! Your NFT is a tradable digital asset. You can sell or transfer it on secondary marketplaces like OpenSea.
You lose your eligibility for hotel ownership, and the new buyer gains all NFT benefits.
PARQ is assembling a growing portfolio of Hyatt hotels and resorts across Europe and iconic locations around the world. As we expand, PARQ owners will get first access to new investment opportunities and exclusive PARQ perqs.
Only if you convert your NFT into a security token will security token holders receive hotel profit-sharing and ownership perqs and rewards.
Copyright © 2025 PARQ | All rights reserved
Copyright © 2025 PARQ | All rights reserved
